Woolworths (OTCMKTS:WLWHY) Shares Gap Up - Here's Why

Key Points

• Woolworths Holdings Limited shares experienced a significant gap up, opening at $2.94 after closing at $2.70, marking an increase of 9.1%.
• The company's current ratio stands at 1.15 and debt-to-equity ratio at 0.65, indicating a stable liquidity position.
• Woolworths operates a diverse retail business across South Africa, Australia, and New Zealand, with various segments including fashion, food, and financial services.

Woolworths Holdings Limited Sponsored ADR (OTCMKTS:WLWHY - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $2.70, but opened at $2.94. Woolworths shares last traded at $2.94, with a volume of 1,500 shares changing hands.

Woolworths Stock Performance

The company has a current ratio of 1.15, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The business has a fifty day moving average of $2.98 and a 200-day moving average of $3.09.

About Woolworths

Woolworths Holdings Limited, through its subsidiaries, operates a chain of retail stores in South Africa, Australia, and New Zealand. It operates through seven segments: Woolworths Fashion, Beauty and Home; Woolworths Food; Woolworths Financial Services; Woolworths Logistics; Country Road Group; and Treasury.